Lagarde backs further rate cuts by ECB as recession risks rises

Christine Lagarde, the soon to be the president of European Central Bank, backed the central bank’s…

Bank of England: No-deal Brexit would shrink the UK economy by 5.5%

The Bank of England governor, Mark Carney, warned the UK lawmakers against the no-deal Brexit, as…

Pound revives as Johnson government loses majority vote

The ongoing Brexit uncertainty, fuelling investor anxiety, led to major drop in the value of the…

UAE an economic powerhouse

The United Arab Emirates, the second largest and one of the most stable economies of the…

AMS offers a counter-bid 10% above the opponent’s to woo Osram

Getting a step ahead in a bidding war with the investment firm, Bain Capital and Carlyle…

EU calls Britain’s plan to abandon expired oil rigs in the North Sea ‘grotesque’

With the deadline for Britain’s exit from the bloc growing nearer, European Union and five of…

EU nations to suffer huge financial burden from no-deal Brexit

European Union is making due preparations for the no-deal Brexit since the likelihood of it is…

European economy hit by an oversupply of natural Gas, prices slash to a decade low

Europe is struggling with scaling back the abundant supply of natural gas since the recession forces…

Deal or no-deal, insurance business worth £61 billion moves out of London

As the final date of withdrawal of the UK from the European Union (31 October) grows…

CEO puts in 15 % of pay in Deutsche bank shares amid a rocky phase

On Monday, the Deutsche Bank’s filling report revealed that the bank’s CEO, Christian Sewing would put…